Lakefront Restaurant Bar for Sale in Wayne County, MI
Financial Details
- Asking Price:
- $850,000
- Annual Revenue:
- $1,400,000
- Profit Metric:
- Cash Flow
- Location:
- MI, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a prime opportunity to acquire a well-established, newly constructed Lakefront Restaurant and Bar located in a vibrant downtown district within Suburban Wayne County, Michigan. Established in March 2023, this custom-built establishment boasts an approximate build-out cost of $1.45 million, featuring tasteful, high-end décor exceeding $150,000. The fully equipped kitchen is in brand-new condition, with all equipment regularly serviced and maintained. The extensive menu offers a wide variety of appetizers, salads, steaks, seafood, chicken, pizza, burgers, sandwiches, desserts, and a full drink menu, complemented by live entertainment Thursday through Saturday. The business is situated across from a lake, surrounded by ample residential and commercial properties. Current owners do not engage in advertising, presenting a substantial opportunity for a new owner/operator to drive significant growth through creative marketing, extending operating hours, and introducing services like Keno. The sale is motivated by a partnership conflict, offering endless possibilities for an owner with a vision. The property is leased, and the owner is willing to provide training. This is a must-see business with immense potential.
Industry Information
- Industry Description:
- Food & Beverage: Bars, Clubs, Nightspots
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2023
- Employees:
- 16
- Reason for Selling:
- Partnership Conflict
Real Estate & Lease
- Status:
- Leased
Broker Contact
- Name:
- Armen Nazarian
- Company:
- Business Broker Network
Listing Details
- Listing ID:
- f9b086ef-7493-4e12-ae92-75cd0486efe6
- Source Listing ID:
- 990449
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD